VALE S.A.

VALE Basic Materials Other Industrial Metals & Mining

VALE S.A.’s revenue for fiscal 2025 (year ended December 2025) was $38.4 billion, up 0.91% from fiscal 2024.

Revenue
+1.72%
EPS
−54.0%
Free cash flow
−9.38%
Total debt
−14.6%

Quarter to September 2026, against a year earlier

11.46 0.03 +0.26%
Market cap
$46.6B
P/E
76.4×
Fwd P/E
—
Dividend yield
3.49%
F-score
6/9
Altman Z
1.62
Beneish M
−2.84
Dividend safety
16/100

VALE S.A. (VALE) Net margin

Alert me on Net margin

VALE S.A.'s net margin over the twelve months to 30 September 2026 was 1.64%, down 4.5 percentage points from fiscal 2025 (6.12%). Over the past ten years it has ranged from −51.9% (fiscal 2015) to 42.9% (fiscal 2022); the current reading is higher than 27% of that period. That is above the Other Industrial Metals & Mining industry median of 0.00% and above the Basic Materials sector median of 1.42%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 6.12% (10.08)
FY2024 16.2% (2.91)
FY2023 19.1% (23.75)
FY2022 42.9% 1.68
FY2021 41.2% 28.84
FY2020 12.3% 16.82
FY2019 −4.48% (23.24)
FY2018 18.8% 2.55
FY2017 16.2% 1.72
FY2016 14.5% 66.36

Quarterly newest first

Period Net margin Change (points)
Sep 2026 11.8% (1.26)
Jun 2026 13.1% (7.35)
Mar 2026 20.5% 55.21
Dec 2025 −34.8% (60.53)
43 more quarters

Against its own ten years

Low −51.9% High 42.9%
Ten-year median 16.2%
Current reading's percentile 14

Net margin against peers

Company Net margin
ALM Almonty Industries Inc. compare 125.2%
BHP BHP Group Limited Sponsored ADR compare 30.1%
RIO Rio Tinto PLC compare 23.1%
MTRN Materion Corporation compare 4.64%
VALE VALE S.A. 1.64%
SKE Skeena Resources Limited compare 0.00%
USAR USA Rare Earth Inc. compare 0.00%
MP MP Materials Corp. compare −19.9%
SSMR Sunshine Silver Mining & Refining Company compare —
Other Industrial Metals & Mining industry median 0.00%
Basic Materials sector median 1.42%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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